Morning all.
Anyone following the Kroenke news Stateside?
Looks like Uncle Stan has decided to relocate his St. Louis Rams franchise back to L.A. after 20 years.
The stingy is actually going to fund the 80000-seater stadium, plus the massive relocation fee himself.
"....The fee to move a team is $550 million. Kroenke has the option to either pay that all at once or with 10 annual installments of $64 million, but a source told ESPN's Jim Trotter that Kroenke will pay it in a lump sum...."
I guess this makes us the redheaded stepchild.
Uncle Stan
posted on 13/1/16
comment by Sir Digby (U6039)
posted 21 minutes ago
Yeah because an NFL team wont bring in any money for him
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It's pretty clear that his NFL business is his golden goose. Doesn't make it fair for us to subsidise it, with no expected returns.
posted on 13/1/16
we wont be subsiding it, its a separate thing
posted on 13/1/16
if anything you should be happy, the team value is going up for $900 million to $2.5-3 billion. more chance of some loose change for us
posted on 13/1/16
comment by Sir Digby (U6039)
posted 6 minutes ago
if anything you should be happy, the team value is going up for $900 million to $2.5-3 billion. more chance of some loose change for us
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Didn't you just say it was a separate thing?
Like 3 minutes previously?
posted on 13/1/16
comment by Sir Digby (U6039)
posted 56 seconds ago
if anything you should be happy, the team value is going up for $900 million to $2.5-3 billion. more chance of some loose change for us
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Nothing over the past decade to indicate that Kroenke will throw any American-sourced windfall our way. He might even end up using us as collateral.
posted on 13/1/16
comment by 李贝 If anyone can, Emre Can... And don't call me Schürrle (U3979)
posted 1 minute ago
comment by Sir Digby (U6039)
posted 6 minutes ago
if anything you should be happy, the team value is going up for $900 million to $2.5-3 billion. more chance of some loose change for us
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Didn't you just say it was a separate thing?
Like 3 minutes previously?
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it is to build. then when its built and running they will have extra cash. keep up
posted on 13/1/16
Hes already taken millions in advisory fees. I can only see it going up if hes paying out that much. We paid for our own stadium, now we will pay for theirs, or part of it at least.
posted on 13/1/16
you could argue they paid for ours if thats your thinking
posted on 13/1/16
comment by Sir Digby (U6039)
posted 1 hour, 56 minutes ago
you could argue they paid for ours if thats your thinking
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So he paid for it 5 years before he got the controlling interest in the club.
Idiot.
Kronke only got the controlling interest in 2011 and the stadium OPENED in 2006 and was financed before that.
posted on 13/1/16
Sir Digby with a massive brain fart there